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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184064 times)
BitcoinPC
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November 25, 2016, 12:49:29 PM
 #661

They need to decide it by it self to accept it as mode of payment . As far as I know some country already do that even using other altcoin.Just tell them what is the good side of using bitcoin and how it works and they will decide if they can accept it or not.

Exactly, it depend on people because may be bitcoin will not be fine in every business, So the owner will be decided to accept the bitcoin in his business or not.
Also we should accept it, not everyone know about bitcoin, only a few country and only a few percentage of the people who using the bitcoin in their business. 

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November 25, 2016, 02:37:44 PM
 #662

Publicity will help the use of bitcoin locally, followed by the efficient use of the computer system or mobile technology. Internet has being the efficient platform for the use of bitcoin so internet users should encourage the payment or exchange to be mostly bitcoin, then anyone who approaches the internet will get used to it and help local business exchange to adopt bitcoin trade.

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November 25, 2016, 02:42:50 PM
 #663

I agree that is mpre on promotion but it is easy to say that. I hope that the consortium also will help addresed this and frequent info drive. Also hope that someone can develop a terminal for bitcoin that like a credit/debit card you just slide your card or you just scan the QR codes o phone and its done. Its easy for the merchant and for buyer too.

   
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November 25, 2016, 03:27:31 PM
 #664

TBH in my country there was a lot of publicity around 2 years ago and a couple of ventures, but the momentum dissipated quickly.
If you exclude the online exchanges and local trades done through localbitcoins, there's virtually no market. An ATM for trading bitcoins in my city was even sold to another country...

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November 25, 2016, 03:36:06 PM
 #665

I agree that is mpre on promotion but it is easy to say that. I hope that the consortium also will help addresed this and frequent info drive. Also hope that someone can develop a terminal for bitcoin that like a credit/debit card you just slide your card or you just scan the QR codes o phone and its done. Its easy for the merchant and for buyer too.
i think if this project will be implemented more and more business establishment will start embracing this currency if we can develop a system that will integrate for their business and as an individual holders we should attract more and more of our friends and relatives to learn about btc so the demand of user will push local businesses to embrace it.

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November 26, 2016, 11:22:28 PM
 #666

I think that nowdays we don't have to be more active to encourage local businesses to accept bitcoin because now this payment is worldwidely popular and I think good businessman and economist must realize it, more customers = more money. In my country people didn't know much about bitcoin, but local banks made great tread and they made it known for people. Now their action made good things for both, themselves and ourselves.

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November 27, 2016, 06:36:09 AM
 #667

I think that nowdays we don't have to be more active to encourage local businesses to accept bitcoin because now this payment is worldwidely popular and I think good businessman and economist must realize it, more customers = more money. In my country people didn't know much about bitcoin, but local banks made great tread and they made it known for people. Now their action made good things for both, themselves and ourselves.
actually we can't encourage the local businesses to accept bitcoin if we're just actuall small part of the local or such a specific region. we're not really worth it to be accepted the opinion in the eyes of those business owner. doesn't guarantee it will add up their daily earning though. we need many people or just waiting for bitcoin to be popular by itself and we'll just get the good result

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November 27, 2016, 10:16:12 AM
 #668



I don't think I need to do anything.Bit coins will be accepted by people, this is the trend of development of the times.

Because lots of people except you is working hard to promote bitcoin.  People will never know something unless it is introduced to them.  The reason why you know bitcoin because someone introduced it to you, or someone had put an effort to advertise in the web.  That's it.

I think that nowdays we don't have to be more active to encourage local businesses to accept bitcoin because now this payment is worldwidely popular and I think good businessman and economist must realize it, more customers = more money. In my country people didn't know much about bitcoin, but local banks made great tread and they made it known for people. Now their action made good things for both, themselves and ourselves.
actually we can't encourage the local businesses to accept bitcoin if we're just actuall small part of the local or such a specific region. we're not really worth it to be accepted the opinion in the eyes of those business owner. doesn't guarantee it will add up their daily earning though. we need many people or just waiting for bitcoin to be popular by itself and we'll just get the good result

things starts in a small group, if it is too tough for you to encourage business owners, then all we can try is to create meet ups with fellow bitcoiner near our neighborhood.  Just meet in the same place, until your group is big enough to create an impact or noticeable.  As the group grow, the influence will certainly grow.  With enough influence, you can then talk to merchant or some business establishment and give your proposal with complete feasibility study and of course with your huge group as support  for that new venture of that merchant, there is a big possibility that it will consider the proposal.

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November 27, 2016, 12:14:12 PM
 #669


Someone has to show them how bitcoin is going to be use and how easy it is to cash it out before we can begin to encourage. That's not even enough. Bitcoin is hard to learn for its something new and regular people afraid of something new especially if they know nothing about it.

it has to be on TV before it can spark interset, problem however is that the only way bitcoin can be on TV is that its involvement to illegal stuff.


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November 27, 2016, 03:28:41 PM
 #670

Because lots of people except you is working hard to promote bitcoin.  People will never know something unless it is introduced to them.  The reason why you know bitcoin because someone introduced it to you, or someone had put an effort to advertise in the web.  That's it.
It's not like they're doing it altruistically and don't have a direct interest in bitcoin. Probably everyone here has a stake in bitcoin and would want the price to increase or at least the daily exchanged volume.


Bitcoin is not hard to learn unless they are not really interested but if they are interested they can just easily help themselves to understand what bitcoin really is. And I don't think you need some advertisement through television just to convince them but that will be a great help. It is only applicable if you are willing to spend bucks for advertisement through tv networks.

Sure but most people only see it as another payment method, so it has to be simple and practical for them otherwise there's no point is "wasting" time to set up the essentials

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November 27, 2016, 03:32:53 PM
 #671

Go to Your local shop and explain, that You will pay in Bitcoin.
Explain too, how time they need waiting for confermations. LOL

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November 27, 2016, 04:24:50 PM
 #672

Go to Your local shop and explain, that You will pay in Bitcoin.
Explain too, how time they need waiting for confermations. LOL
LOL, anyway I think if the support is big enough to make him profit 5x or more if he accept bitcoin then he won't mind the confirmation.  What missing in the scene is the number of people willing to do a bitcoin transaction with them.  It is obvious that merchants want client, and they are comfortable with the client they have that is using money as mode of payment.  If the bitcoin community who introduce the usage of bitcoin will secure that there will be xtimes of client that will use the service. I'm sure merchant will not hesitate to adopt bitcoin a mode of payment.

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November 27, 2016, 05:38:05 PM
 #673

What missing in the scene is the number of people willing to do a bitcoin transaction with them.

I have never seen someone, who have asked to pay with bitcoin at the shop.

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November 30, 2016, 12:53:38 AM
 #674

In my experience, if your going to go one by one and try to introduce them to BTCitcoin and explain how it works in order for them to accept payments of BTC , it would be really a lengthy process and you'll stop doing it before you start so the best suggestion I could make is either by making a mini seminar wherein you invite them altogether and talk about it and even show some of the YouTube videos that well known speakers of community are in and they cover almost everything... And in cases of online local businesses, you could try to send them a support ticket regarding the matter and I've had luck that they answered, "were already reviewing BTCitcoin payments and will consider it for the future" .
Yeah. Pretty sure they would used it as they see bitcoin's platform.

Also the advantages that may lead them to build more for their business.

Hence, the business economy would be become better and easy as they do a deal to their clients.



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November 30, 2016, 01:16:33 AM
 #675

What missing in the scene is the number of people willing to do a bitcoin transaction with them.

I have never seen someone, who have asked to pay with bitcoin at the shop.

That is because bitcoin is not yet being recognized in our local places because most of us who are using are from different parts of the world and we are not close to each other.

But if you will be the one to ask the shop to be paid with bitcoins and explain the owners on what are benefits they can get with it.

For sure they will be enlightened and will be able to have the encouragement to accept bitcoin.

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November 30, 2016, 01:46:31 AM
 #676

well has any Point-of-sale system been proposed for bitcoin so far? pretty sure it'll facilitate bitcoin adoption by local shops, at least if it's cheap

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November 30, 2016, 04:45:03 AM
 #677

well has any Point-of-sale system been proposed for bitcoin so far? pretty sure it'll facilitate bitcoin adoption by local shops, at least if it's cheap

I don't even know if there are some but if this is going to be proposed to a local stores for sure they will deny it and won't accept this offer. This requires big capital with it and there are some alternative that small stores upon using POS for bitcoin, by accepting directly payment from their bitcoin wallet address. Because not all local stores are that wealthy enough to purchase this kind of software for adoption.

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November 30, 2016, 06:53:04 AM
 #678

well has any Point-of-sale system been proposed for bitcoin so far? pretty sure it'll facilitate bitcoin adoption by local shops, at least if it's cheap

I don't even know if there are some but if this is going to be proposed to a local stores for sure they will deny it and won't accept this offer. This requires big capital with it and there are some alternative that small stores upon using POS for bitcoin, by accepting directly payment from their bitcoin wallet address. Because not all local stores are that wealthy enough to purchase this kind of software for adoption.
Actually theres no problem regarding on accepting bitcoin on your business even on a small store because they could directly pass bitcoin into your wallet without the need of any software that you mention since bitcoin transactions are irreversible. The main problem here is that the adoption of bitcoin to a certain place thats why some would really refuse to use it since they even heard about it.

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November 30, 2016, 09:30:35 AM
 #679

What missing in the scene is the number of people willing to do a bitcoin transaction with them.

I have never seen someone, who have asked to pay with bitcoin at the shop.


In many countries people have never even heard of bitcoins yet. How do you expect them to accept it when they dont even trust it?

Not everyone in the world is having same acumen and they fail to understand the mechanism how the coin works and how it can change the economy. However local businesses prefer local currencies and not bitcoin.

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December 02, 2016, 11:46:53 PM
 #680

What missing in the scene is the number of people willing to do a bitcoin transaction with them.

I have never seen someone, who have asked to pay with bitcoin at the shop.


In many countries people have never even heard of bitcoins yet. How do you expect them to accept it when they dont even trust it?

Not everyone in the world is having same acumen and they fail to understand the mechanism how the coin works and how it can change the economy. However local businesses prefer local currencies and not bitcoin.

It is true that bitcoin still need a lot of acknowledgement, but the real problem is how to convince them that bitcoin is a good payment system, most of the time, the news only talk about how a criminal ask for ransom in bitcoin, how people's wallet got hacked, i think we need to convince the local owner that bitcoin is reliable and they can get profit from bitcoin transaction, this need  a lot of time, because when we talk about business most of them prefer stability and predictable profit and fiat is more stable than bitcoin and fiat easier to spend

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